Poket News

Total assets under management of NPS & APY crosses Rs. 5 lakh crore: PFRDA Chairman

 

  • Pension Fund Regulatory and Development Authority Chairman Supratim Bandyopadhyay on 15 Oct said, the total assets under management of the National Pension System and Atal Pension Yojana have crossed Rs. 5 lakh crore. 
  • Mr Bandyopadhyay said that by the end of this fiscal PFRDA hopes to hit a target of Rs. 6 lakh crore Asset Under Management (AUM). 
  • He said, achieving  Rs. 5 lakh crore  AUM is a major achievement which reflects the faith subscribers have in PFRDA and NPS.